Overview
What is Eastern Distribution Center?
Eastern Distribution Center serves as a development site, specifically tailored for small businesses in Northeastern Pennsylvania. Its primary objective is to foster economic growth in the region. This initiative involves the sale of land, with a fee of $22,500 and an interest of $23, set aside for this purpose. The information does not provide specifics about the nature of the businesses or the services they will offer, but the focus is on supporting small enterprises through land availability. The expenses associated with this endeavor include dues, meetings, insurance, accounting fees, and bank fees, totaling approximately $4,527.63.
Is Eastern Distribution Center legitimate?
Eastern Distribution Center is a legitimate nonprofit organization registered as a 501(c)(4) entity. Eastern Distribution Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Eastern Distribution Center?
The Eastern Distribution Center's mission is focused on facilitating economic development by providing land for purchase by small businesses in Northeastern Pennsylvania. This initiative aims to contribute to the growth and prosperity of these businesses. The center generates revenue through fees and interest, with expenses covering dues, meeting costs, insurance, accounting fees, and bank fees. The primary goal is to support small businesses, thereby stimulating local economic growth.
Who is the CEO of Eastern Distribution Center?
Michael Horvath is the President of Eastern Distribution Center.
What is the revenue of Eastern Distribution Center?
Eastern Distribution Center's revenue in 2023 was $22,523.
Who are the executives of Eastern Distribution Center and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Eastern Distribution Center?
Eastern Distribution Center's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Eastern Distribution Center
The Eastern Distribution Center, in its mission, aims to develop land that has been made available for purchase by small business concerns in northeastern Pennsylvania, contributing to the region's economic development. This endeavor involves generating revenue through fees and interest, while managing expenses such as dues, meeting costs, insurance, accounting fees, and bank fees.
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Impact
October, 2024
The Eastern Distribution Center plays a critical role in fostering economic development in Northeastern Pennsylvania. By developing land that is made available for purchase by small business concerns, it directly supports local entrepreneurs and creates opportunities for new ventures. This initiative not only stimulates job creation but also enhances the overall economic landscape of the region.
With a focus on community improvement, the center facilitates the growth of small businesses, which are essential to the local economy. The revenue generated from fees allows the center to sustain its operations, including necessary expenses such as insurance and accounting. This financial model ensures that the Eastern Distribution Center can continue to provide valuable resources and support to emerging businesses.
Overall, the impact of the Eastern Distribution Center is multi-faceted: it promotes entrepreneurship, boosts local job creation, and encourages investments in the community, thereby contributing to a more vibrant and sustainable economic future for Pittston and the surrounding areas.
This information is meant to be a general summary of Eastern Distribution Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $23
- Gross Receipts: $22,523
Assets and Liabilities:
- Total Assets: $238,892
- Total Liabilities: $0
- Net Assets: $238,892
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Organization Details
Founding Year
1977
Phone
(570) 655-5581Principal Officer
Michael Horvath
Main Address
104 KENNEDY BLVD, PITTSTON, PA, 18640
NTEE Category
Code: S30 - Community improvement
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